News
Luxembourg ranks 3rd small city of the future
14-02-2019
Luxembourg has been top-ranked among mid-sized and small cities of the future in the fDi’s Global Cities of the Future 2018/19 report which focuses on the potential for foreign direct investment. Th...
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Luxembourg ranked top for global talent competitiveness
14-02-2019
In a globalised would, human capital is a key factor for local competitiveness. The Global Talent Competitiveness Index (GTCI) has established itself as a global benchmark for issues related to tale...
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Luxembourg ranks 4th for economic globalization
14-02-2019
According to the 2019 edition of ETH Zürich’s KOF Globalisation Index, Switzerland is the most globalised country in the world, followed by the Netherlands and Belgium. Luxembourg is on 17th plac...
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Luxembourg fostering data-driven, high-value manufacturing solutions
14-02-2019
Industry 4.0 is well on its way to become a reality in Luxembourg. Flagship projects in the field are being implemented by major industrial groups who testify to the general willingness to innovate wi...
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SFC and CSSF sign MoU on Luxembourg-Hong Kong mutual recognition of funds
14-02-2019
The Securities and Futures Commission (SFC) and the Commission de Surveillance du Secteur Financier (CSSF) have entered into a Memorandum of Understanding (MoU) on Mutual Recognition of Funds (MRF), w...
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Belgium and Luxembourg collaborate on space resources exploration and use
14-02-2019
With its SpaceResources.lu initiative and legal framework regarding the ownership and right to use resources harvested in space, Luxembourg is a pioneer in the field of space resources exploration...
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Luxembourg sets up first European partnership on artificial intelligence with Nvidia
14-02-2019
The joint research laboratory, the first of its kind in Europe, will enable close collaboration between the members of Luxembourg’s research community and NVIDIA, a global AI leader employing some...
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Luxembourg first country to make public transport free of charge
14-02-2019
Making mobility smart and more environmentally friendly is a high priority in Luxembourg, not least since the country’s dynamic job market attracts around 200,000 cross-border workers who join resid...
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LuxAI receives 2019 CES innovation award
14-02-2019
LuxAI was one of 16 start-ups selected to represent Luxembourg at CES 2019 (Consumer Electronics Show) in Las Vegas. LuxAI and QTrobot were put under the spotlight as one of the laureates in the categ...
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Odysseus Space sets up headquarters in Luxembourg
14-02-2019
Luxembourg is becoming an important centre for companies involved in the exploration and future exploitation of resources harvested in space, notably from asteroids and from the Moon. However, Odysseu...
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CTI Systems signs contract with China Southern Airlines
14-02-2019
CTI Systems LLC has signed a contract with China Southern Airlines. On 16th October 2018, CTI Systems LLC (wholly owned company of CTI Systems S.à r.l.) has been awarded a Letter of A...
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Paul Wurth awarded with the “Science and Technology Award” of China Railway
14-02-2019
In November 2018, Paul Wurth Metal Technology (Beijing) Co., Ltd. has been awarded with the “Science and Technology Award” (2nd Prize), granted by China Railway Shenyang Bureau Group Co., Ltd. Bac...
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Swiss Re opens capital markets unit in Luxembourg ahead of Brexit
14-02-2019
While Swiss Re has been present in Luxembourg with its European headquarter for its insurance and reinsurance operations since 2007, the new entity, Swiss Re Capital Markets Europe, S.A. was establish...
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Alipay granted Luxembourg license to serve European market
14-02-2019
The launch of the new Luxembourg licensed entity, Alipay (Europe) Limited S.A., was officially announced by Luxembourg Minister of Finance Pierre Gramegna on 14 January during his visit in Hong Kong, ...
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Luxembourg to assume Presidency of BeNeLux Union
14-02-2019
The Luxembourg presidency of the Benelux union officially kicked off on the 5th of February. The transitional Netherlands-Belgium-Luxembourg Customs Convention was signed on 5 September 1944 by the t...
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Luxembourg Prime Minister meets Alibaba’s Executive Chairman at World Economic Forum
14-02-2019
On Wednesday 23 January 2019, during his second day at the World Economic Forum (WEF) in Davos, Switzerland, Luxembourg’s Prime Minister, Xavier Bettel, followed up a series of meetings with v...
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Luxembourg’s Finance Minister visits Asia and participates to Asian Financial Forum in Hong Kong
14-02-2019
From January 14th to 15th, a financial delegation from Luxembourg led by Luxembourg Minister of Finance Pierre Gramegna visited Asia stopping in Hong Kong and Japan to promote Luxembourg’s expertise...
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Luxembourg returns to Vivatech
04-02-2019
For the second consecutive year, Luxembourg’s start-up ecosystem will be represented at the international trade fair in Paris dedicated to new technologies which takes place in 100 days. This time, the country will have an even bigger pavilion and further highlight its assets.
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Supportive policies boost entrepreneurship in Luxembourg
31-01-2019
Infrastructure and governmental policies are the main strengths of Luxembourg’s system of entrepreneurship, according to both experts and the overall population. The country also has the highest proportion of innovative start-ups in Europe.
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Industry is not dead
31-01-2019
For the Chairman of the business federation FEDIL — the Voice of Luxembourg’s Industry, Industry 4.0 is just another chapter in the process of evolution and development of a sector that remains strong and has a capacity to respond to political or technological shocks.
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Building the smart factories of tomorrow
31-01-2019
Read how some of Luxembourg’s leading manufacturing companies are introducing and leveraging Industry 4.0 today.
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Towards data-driven, high-value manufacturing solutions
31-01-2019
In a data-driven economy, data is a key resource and enabler of innovation. Luxembourg offers an excellent infrastructure and the optimal environment for companies aiming to ride the digital wave and successfully implement Industry 4.0 to retain a competitive edge on the world market.
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Luxembourg sets up first European partnership on artificial intelligence with NVIDIA
31-01-2019
The Luxembourg government, the country’s scientific community and NVIDIA will create a joint research laboratory for artificial intelligence (AI). Focusing on using AI and high performance computing to search for solutions to major societal challenges, the collaboration will also be successively opened to industrial companies and start-ups.
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Luxembourg first country to make public transport free of charge
29-01-2019
From March 2020 onwards, anyone will be able to use public transport in Luxembourg for free. Similar initiatives to abolish transport fares already exist elsewhere in other cities, but this is the first time public transport will become completely free of charge throughout a whole country.
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LuxAI receives 2019 CES Innovation Award
29-01-2019
Intensive early-age education and training of autistic children, to enhance their ability to communicate and interact with others, can radically improve these children’s lives. However, a major obstacle is the lack of specialised teachers and adequate therapies to respond to this vital need. LuxAI has developed QTrobot to help overcome this challenge.
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Luxembourg is the 4th most globalised economy
24-01-2019
The country also ranks high in social globalisation in the index of globalisation recently published by ETH Zürich.
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Luxembourg top ranked for global talent competitiveness
24-01-2019
Luxembourg ranks 10th in the world for its capacity to grow, attract and retain talents.
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Belgium and Luxembourg collaborate on space resources exploration and use
23-01-2019
On 23 January 2019, the two countries signed a declaration outlining their intention to collaborate on the development of an international framework for space resources exploration and utilisation.
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Salonkee raises €1 million from Luxembourg investors
21-01-2019
The start-up specialising in online appointments for hairdressers and beauty salons closed its first round in mid-January, bringing together exclusively Luxembourg investors.
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